Question

Fill in the blanks with suitable words.
The Indian government has established ___________ to buy and store food grains.

Answer 1

The Indian government has established Food Corporation of India to buy and store food grains. The widest and biggest storage capacity is actually held by the FCI (Food Corporation of India) as well as its associate organizations. FCI stands for Food Corporation of India which was set up on 14 January 1965 in the district of Thanjavur which is known as "Rice bowl of Tamil Nadu". Headquarters are located in Delhi. Buffer Stock is the stock of foodgrains, namely wheat and rice procured by the government through Food Corporation of India (FCI). The FCI purchases wheat and rice from the farmers in states where there is surplus production. The farmers are paid a pre-announced price for their crops.